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Bharti Airtel follows Jio in raising tariffs, hikes prices by 20%

Business Standard LogoBusiness Standard2d ago

Bharti Airtel follows Jio in raising tariffs, hikes prices by 20% - Business Standard

Quick Summary:

We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital," the company said.

Jio's Arpu stagnated at Rs 181.7 for three quarters till March 2024."We welcome the announcements in the industry to repair tariffs.

In the postpaid segment, generally considered a premier category, the telco has raised tariffs of its Rs 399, Rs 499, Rs 599, and Rs 999 plans by 12.5 per cent, 10 per cent, 16.6 per cent, and 30 per cent, respectively.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 15:27:24 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21408942

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Official Website: business-standard.com

Update Frequency: 133 posts per day

Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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